Male Labour Force Participation Following Illness or Injury

This paper develops a model of the disabled individual's labour force participation decision following illness or injury, and confronts it with data on the financial consequences of ill health. A utility function is specified which allows for the effect of changes in health on work-leisure preferences and is evaluated in relation to a household budget constraint. Estimation is through maximization of the appropriate likelihood function, correcting for self-selection bias within a switching regression model. Results are presented showing significant effects of financial variables on participation, and these are seen to vary with age, disability and income

Budget constraint · Constraint (computer-aided design) · Demographic economics · Econometrics · Economics · Function (biology) · Maximization · Microeconomics · Regression analysis · Relation (database) · Statistics · Utility maximization · Work (physics) · Computer Science · Gender, Labor, and Family Dynamics · Global Health Care Issues · Mathematics · Retirement, Disability, and Employment

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